Worley Parsons Stock Probability of Future Pink Sheet Price Finishing Over 10.12
| WYGPY Stock | USD 8.92 0.48 5.69% |
Worley |
Worley Parsons Target Price Odds to finish over 10.12
The tendency of Worley Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 10.12 or more in 90 days |
| 8.92 | 90 days | 10.12 | about 14.92 |
Based on a normal probability distribution, the odds of Worley Parsons to move over $ 10.12 or more in 90 days from now is about 14.92 (This Worley Parsons probability density function shows the probability of Worley Pink Sheet to fall within a particular range of prices over 90 days) . Probability of Worley Parsons price to stay between its current price of $ 8.92 and $ 10.12 at the end of the 90-day period is about 76.38 .
Assuming the 90 days horizon Worley Parsons has a beta of -0.52. This entails as returns on the benchmark increase, returns on holding Worley Parsons are expected to decrease at a much lower rate. During a bear market, however, Worley Parsons is likely to outperform the market. Additionally Worley Parsons has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Worley Parsons Price Density |
| Price |
Predictive Modules for Worley Parsons
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Worley Parsons. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Worley Parsons Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Worley Parsons is not an exception. The market had few large corrections towards the Worley Parsons' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Worley Parsons, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Worley Parsons within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | -0.52 | |
σ | Overall volatility | 0.50 | |
Ir | Information ratio | -0.06 |
Worley Parsons Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Worley Parsons for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Worley Parsons can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Worley Parsons generated a negative expected return over the last 90 days | |
| Worley Parsons has high historical volatility and very poor performance |
Worley Parsons Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Worley Pink Sheet often depends not only on the future outlook of the current and potential Worley Parsons' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Worley Parsons' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 521.1 M | |
| Cash And Short Term Investments | 507 M |
Worley Parsons Technical Analysis
Worley Parsons' future price can be derived by breaking down and analyzing its technical indicators over time. Worley Pink Sheet technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Worley Parsons. In general, you should focus on analyzing Worley Pink Sheet price patterns and their correlations with different microeconomic environments and drivers.
Worley Parsons Predictive Forecast Models
Worley Parsons' time-series forecasting models is one of many Worley Parsons' pink sheet analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Worley Parsons' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the pink sheet market movement and maximize returns from investment trading.
Things to note about Worley Parsons
Checking the ongoing alerts about Worley Parsons for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Worley Parsons help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Worley Parsons generated a negative expected return over the last 90 days | |
| Worley Parsons has high historical volatility and very poor performance |
Additional Tools for Worley Pink Sheet Analysis
When running Worley Parsons' price analysis, check to measure Worley Parsons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Worley Parsons is operating at the current time. Most of Worley Parsons' value examination focuses on studying past and present price action to predict the probability of Worley Parsons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worley Parsons' price. Additionally, you may evaluate how the addition of Worley Parsons to your portfolios can decrease your overall portfolio volatility.